Author: Ethan Carter
Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.
On Thursday, US Treasury Secretary Scott Bessent announced the suspension of restrictions aimed at limiting Chinese companies’ access to technology deemed sensitive by the US government.This easing of restrictions was made possible by China’s agreement to pause its export controls on rare earth minerals utilized in electronics and military defense, as reported by Reuters.Bessent’s statement came after weeks of reducing trade tensions between the two nations, often seen as a favorable sign for crypto prices. However, the recent Federal Open Market Committee (FOMC) meeting and Federal Reserve Chair Jerome Powell’s remarks, in which he noted “strongly differing views” among FOMC members…
Prominent US investment bank JPMorgan has launched a tokenized private-equity fund on its proprietary blockchain platform, making the product available to its high-net-worth clients.The private banking and asset management sectors of JPMorgan have completed their initial transaction on the forthcoming fund tokenization platform, Kinexys Fund Flow, as stated in an announcement from the company shared with Cointelegraph on Thursday.This transaction was carried out in collaboration with Citco, a global provider of various asset-servicing solutions.JPMorgan anticipates a wider launch of Kinexys Fund Flow next year, with plans to tokenize more assets, including private credit and real estate.Enhanced portfolio flexibilityReal-world asset (RWA)…
On Thursday, US Treasury Secretary Scott Bessent announced that the US would lift restrictions intended to hinder access for Chinese companies seeking to acquire technology deemed sensitive by the US government.These lifted restrictions were offered in return for China’s decision to halt its export controls on rare earth minerals utilized in electronics and military defense applications, as reported by Reuters.Bessent’s statement comes after several weeks of reducing trade tensions between the two nations, a typically encouraging sign for crypto market prices.Nevertheless, the recent Federal Open Market Committee (FOMC) meeting and Federal Reserve Chair Jerome Powell’s remarks, particularly regarding the “strongly…
The crypto sector’s onchain economy has transitioned into a new era, fueled by fees, users, and actual demand rather than mere price speculation, as highlighted in a comprehensive new study from the venture capital firm 1kx.The firm’s Onchain Revenue Report (H1 2025) compiled verified onchain data across over 1,200 protocols, analyzing how value travels through decentralized systems. The outcome: a $20 billion economy that is expanding rapidly.“Onchain fees are the most evident indicator of genuine demand,” 1kx stated in its report.DeFi protocols account for approximately 63% of total onchain fees, according to the report, yet newer sectors are ascending swiftly.…
Social engineering scams continue to be the primary threat to cryptocurrency users, as highlighted by 2025 data from WhiteBIT, a cryptocurrency trading platform, shared with CoinDesk.The report from the exchange indicates that 40.8% of all crypto security incidents this year resulted from fraudsters deceiving victims through misleading investment offers or impersonation techniques.Following closely, technical wallet hacks via phishing, malware, or keyloggers accounted for 33.7%. Messaging platforms, especially Telegram, were also identified as risk factors, with over 10% of scams involving “scrolling scams” that entice users into fraudulent channels.”While attacks based on technology are significant, most threats exploit human behavior,” stated…
Coinbase increased its Bitcoin holdings by 2,772 BTC in the third quarter as part of its enhanced Bitcoin strategy, working towards becoming an “Everything Exchange.”Now, Coinbase’s Bitcoin (BTC) reserves stand at 14,548 BTC, valued at $1.57 billion, according to the Q3 report released on Thursday. Additionally, net income soared more than fivefold to $432.6 million year-on-year, with total revenue climbing to $1.9 billion, a 55% increase from the previous year.This growth was largely driven by transaction revenue, which reached $1.05 billion, while subscription revenue—including stablecoin revenue and blockchain rewards—rose by 34.3% year-on-year to $746.7 million.Source: CoinbaseCoinbase also focused on expanding…
Highlights:Bitcoin retraces to the lower end of its local range following the recent Federal Reserve interest-rate cut.Traders betting on price increases face losses, with long liquidations approaching $1 billion.A significant downturn for stocks could result in a 30% drop in BTC prices.Bitcoin (BTC) hit new weekly lows as Wall Street opened on Thursday, despite the supportive macro factors.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewBTC price tests $107,000 support levelData from Cointelegraph Markets Pro and TradingView indicated that BTC prices fell close to $107,000.This level serves as the bottom of the local range for BTC/USD, making it crucial for bullish traders to defend.$BTC…
The open interest in XRP and Solana (SOL) futures and options has hit an impressive $3 billion on the Chicago Mercantile Exchange (CME). As per CME data, this significant achievement occurred during Monday’s session, where both XRP and Solana experienced a surge in participation. These cryptocurrencies have gained popularity among institutional investors, who are now viewing XRP and Solana as credible alternatives to Bitcoin and Ethereum in the derivatives market. CME’s Record $3 Billion Achievement CME Group’s data indicates that open interest in XRP and Solana futures has ascended to approximately $3 billion in total value. This figure reflects the…
The gaming studio Mythical Games, recognized for titles such as NFL Rivals, FIFA Rivals, and Pudgy Party, is collaborating with Sam Altman’s blockchain venture, World, to address the challenges posed by bots that disrupt in-game economies and user experiences.Mythical plans to develop Mythos Chain, a layer-3 blockchain built on top of World Chain, the layer-2 network that operates on Ethereum. This partnership will provide Mythical’s 17 million users with access to the World ecosystem, where participants are authenticated through World ID’s proof-of-humanity system.Mythical aims to enhance fairness and human engagement in gaming amidst the rise of AI. Nearly 75% of…
US Treasury Secretary Scott Bessent stated on Thursday that the US will lift restrictions aimed at limiting Chinese companies’ access to technology deemed sensitive by the government.The relaxed restrictions were part of an agreement in which China will suspend its export controls on rare earth minerals utilized in electronics and military defense, as reported by Reuters.Bessent’s announcement comes after several weeks of easing trade tensions between the two nations, typically viewed as a positive indicator for crypto market prices.Nonetheless, a recent Federal Open Market Committee (FOMC) meeting and remarks from Federal Reserve Chair Jerome Powell, which included that FOMC members…